XRP Hits $1.4B in ETF Cash
XRP stood alone as a bright spot in the digital asset market on May 26, bucking a broader capital flight that triggered steep multi-million dollar outflows for heavyweights Bitcoin and Ethereum.
Salesforce (CRM) Earnings Preview: AI Agent Growth vs. Disruption Concerns
Salesforce (CRM) reports Q1 earnings today with $3.13 EPS forecast. Agentforce AI agent growth battles pricing model disruption fears. Stock down 34% YoY. The post Salesforce (CRM) Earnings Preview: AI Agent Growth vs. Disruption Concerns appeared first on Blockonomi.
Synopsys (SNPS) Earnings Preview: Ansys Merger Takes Center Stage Wednesday
Synopsys (SNPS) earnings today: Analysts project $3.16 EPS, $2.25B revenue as the $35B Ansys deal and AI chip design growth drive investor attention. The post Synopsys (SNPS) Earnings Preview: Ansys Merger Takes Center Stage Wednesday appeared first on Blockonomi.
SpaceX’s $2 Trillion IPO: Why Tech Giants Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT) May Face Pressure
SpaceX's $2 trillion IPO in June 2026 could force investors to liquidate holdings in Nvidia, Apple, and Microsoft. Here's what the data shows. The post SpaceX’s $2 Trillion IPO: Why Tech Giants Nvidia (NVDA), Apple (AAPL), and Microsoft (MSFT) May Face Pressure appeared first on Blockonomi.
Coinbase and Standard Chartered widen global crypto funding rails
Coinbase expands Standard Chartered rails for AUD, SGD, CAD, CHF, EUR and GBP as Direct Deposit returns for U.S. crypto users in 2026 now.
UK Targets HTX, Russia-Linked Crypto Firms Amid Crackdown On Sanction Evasion
UK authorities are ramping up their pressure on Russia with a fresh sanctions package targeting over a dozen individuals, crypto networks, and firms used to bypass the country’s sanctions. Related Reading: Polymarket Faces Ban In Indonesia Amid Growing Global Crackdown Russia-Linked Crypto Firms Hit With New Sanctions On Tuesday, the UK’s Foreign, Commonwealth & Development […]
Vitalik Buterin Backs Kohaku Wallet Feature That Gives Ethereum Users a New Address Per Dapp
Ethereum co-founder Vitalik Buterin has endorsed a Kohaku wallet feature that automatically assigns users a unique blockchain address for every decentralized application ( dapp) they interact with, calling per- dapp address isolation “a really important place to start” in building meaningful onchain privacy. Why Single Addresses Are a Privacy Problem Most Ethereum users today interact […]
FTX recovery trust targets July 31 for next round of creditor payments
The extended timeline for creditor payments may impact stakeholders' financial planning and trust in FTX's restructuring process. The post FTX recovery trust targets July 31 for next round of creditor payments appeared first on Crypto Briefing.
Snowflake (SNOW) Earnings Preview: Analysts Predict Major Post-Report Volatility
Snowflake (SNOW) reports Q1 earnings Wed. with analysts expecting $1.3B revenue (up 27% YoY). Options signal 12% swing amid AI growth and legal challenges. The post Snowflake (SNOW) Earnings Preview: Analysts Predict Major Post-Report Volatility appeared first on Blockonomi.
Banca Sella Wins Italy Approval for Crypto Asset Services
TLDR Banca Sella became the first Italian bank authorized to provide crypto-asset services under MiCA rules. The bank plans to launch crypto custody and transfer services for selected customers by 2026. Banca Sella completed the required notification process with the Bank of Italy. The bank previously joined blockchain pilot projects supported by the Bank of [...] The post Banca Sella Wins Italy Approval for Crypto Asset Services appeared first on Blockonomi.
Iran reopens Tabriz International Airport after US-Israeli strikes, raising questions about crypto sanctions enforcement
The reopening highlights geopolitical tensions affecting crypto markets, emphasizing the need for robust regulatory frameworks and investor caution. The post Iran reopens Tabriz International Airport after US-Israeli strikes, raising questions about crypto sanctions enforcement appeared first on Crypto Briefing.
Federal Reserve Chair Kevin Warsh proposes communication reforms that could reshape market dynamics
Warsh's communication reforms may increase market volatility, as less frequent updates could amplify the impact of each Fed statement. The post Federal Reserve Chair Kevin Warsh proposes communication reforms that could reshape market dynamics appeared first on Crypto Briefing.
TSMC CEO C.C. Wei pledges over 30% profit-sharing bonus increase for employees
TSMC's increased profit-sharing signals strong confidence in sustained growth, reflecting robust AI demand and a stable tech investment climate. The post TSMC CEO C.C. Wei pledges over 30% profit-sharing bonus increase for employees appeared first on Crypto Briefing.
US credit card delinquencies hit highest level since 2011 at 13.1%
Rising credit card delinquencies signal worsening household financial health, potentially reducing consumer spending and impacting economic growth. The post US credit card delinquencies hit highest level since 2011 at 13.1% appeared first on Crypto Briefing.
South Korea probe finds Iranian-made missiles likely hit ship in Strait of Hormuz
The incident heightens geopolitical tensions, potentially impacting global oil markets and shipping security in the strategic Hormuz region. The post South Korea probe finds Iranian-made missiles likely hit ship in Strait of Hormuz appeared first on Crypto Briefing.
Shiba Inu Holders Extend Aggressive Selling as 207 Billion SHIB Exit Exchanges
Shiba Inu has remained in demand despite the broad crypto market volatility causing the prices of major cryptocurrencies including SHIB to slow down.
Bankless Co-Founder Sells ETH, Questions Its Valuation
David Hoffman, co-founder of the educational platform Bankless, has reduced his position in Ethereum, stating that he no longer anticipates a significant structural revaluation of the asset. I spent the weekend putting my thoughts about $ETH and Ethereum into this articleI built my career, community, and business on Ethereum, so the decision to sell deserves a deeper explanation I hope this is sufficientThank you, all https://t.co/cPCbMcz8EY— David Hoffman (@TrustlessState) May 26, 2026 Hoffman emphasized that his view of Ethereum as a network remains positive, but his investment thesis has shifted. According to him, the concept of "ETH is money" has not failed but has rather fully realized itself. The market, in his view, has given the asset "the price it deserves." Ethereum "Distributes" Value to the Ecosystem Hoffman is confident that the project will continue to develop as infrastructure, but only a small part of this growth will be reflected in the native token's price. The reason lies in the network's architecture: Ethereum redistributes economic value in favor of decentralized applications, L2 solutions, and other projects. He described Ethereum as "a giver, not a taker." The network provides security and DeFi tools almost at cost, without accumulating a significant share of the created value in the asset. Hoffman considers the volume of generated fees as a key factor in evaluating L1 blockchains. In his opinion, Ethereum has not maintained its leadership in revenue among first-layer networks long enough to trigger a new wave of capitalization growth. As examples of the direct connection between fee income and token price, he cited the dynamics of Ether in 2021, Solana in 2024, and NEAR in 2026. The Dominance of Stablecoins and "Dollar Hegemony" Hoffman also revised his view on DeFi, NFTs, and DAOs as the foundation of a fully autonomous financial system. He noted that the period of positive perception of the crypto industry was short (late 2020 — early 2022). Outside this timeframe, the public image of the sector was shaped by hacks, speculation, and low practical value for the mass user. He paid particular attention to stablecoins. In his view, Ethereum effectively scales recognized forms of money — primarily dollar tokens. The volume of "stablecoins" on the network grew from $3 billion in 2020 to over $160 billion. However, this success rather strengthens "dollar hegemony" than the position of the second-largest cryptocurrency as an independent monetary asset. Selling the Asset Is Not Abandoning the Network Hoffman specifically highlighted that realizing profits in Ethereum does not indicate a bearish stance towards the ecosystem. "I remain incredibly optimistic about the Ethereum network and its ecosystem," he concluded. The Bankless co-founder explained that he has reallocated capital to other market opportunities. At present, he sees no basis for a significant change in the valuation of the leading altcoin in either direction. In May, macro analyst Jordi Visser increased his position in Ethereum, calling the asset "fuel" for AI agents.
BitMine Expands Reserves to 5.39 Million ETH
BitMine Immersion Technologies has reported the acquisition of 111,942 ETH (approximately $232 million at the time of writing). This transaction marks the company's largest purchase in 2026. 🧵 1/ BitMine provided its latest holdings update for May 26, 2026 $12.3 billion in total crypto + "moonshots": — 5,390,404 ETH at $2,134 per ETH per ETH (@coinbase) — 202 Bitcoin (BTC) — $200 million stake in Beast Industries…— Bitmine (NYSE-BMNR) $ETH (@BitMNR) May 26, 2026 As of May 25, the firm's reserves exceeded 5.39 million ETH, representing about 4.47% of the total coin supply. BitMine has valued its total crypto assets, cash, and venture investments at $12.3 billion, including 202 BTC. The company's chairman, Tom Lee, described the drop in ETH below $2200 as an "attractive opportunity" to increase their position. He also reiterated the approaching "supercycle" in the crypto market and Ethereum. Among the drivers, Lee pointed to the tokenization of assets on Wall Street and the development of autonomous AI agents. Effective Management BitMine not only accumulates Ethereum but also stakes its assets. The company locks a significant portion of its holdings in the second-largest cryptocurrency by market capitalization—currently around 4.71 million ETH. According to the firm's calculations, the potential annual revenue from staking could reach $276 million, with a yield of 2.75% per annum over the past seven days. However, this forecast is accompanied by a disclaimer about risks and uncertainties. The company confirmed its goal to increase its share of Ethereum to 5% of the total supply. To achieve this, BitMine needs to acquire approximately 644,596 more ETH. Earlier in May, the co-founder of Bankless sold part of his Ethereum portfolio, expressing doubts about the asset's overvaluation.
QuickSwap proposes governance vote to shift perpetuals to Orbs Network
QuickSwap's shift to Orbs Network could enhance its competitive edge in DeFi perpetuals, but it also introduces dependency risks. The post QuickSwap proposes governance vote to shift perpetuals to Orbs Network appeared first on Crypto Briefing.
SoFi rolls out SoFiUSD stablecoin to 14.7 million app users
SoFiUSD's integration into a major consumer app could reshape financial transactions, offering faster settlements and challenging existing stablecoin models. The post SoFi rolls out SoFiUSD stablecoin to 14.7 million app users appeared first on Crypto Briefing.
Bitwise HYPE ETF becomes world’s largest after $19M inflow, CEO says
Bitwise’s BHYP sees record $19M inflow as HYPE ETFs lead altcoin demand, outpacing Bitcoin and Ether by market-cap-adjusted demand today.
South Korea charges CATFI memecoin operators in first DEX rug-pull case: Report
South Korean prosecutors reportedly charged a group over the CATFI memecoin rug pull, marking the country’s first DEX rug-pull case under crypto law.
XRP Capitulation Zone? Data Shows Average Wallet Down by 47%
Historic XRP indicator flashes oversold conditions after price selloff.
Gold Prices Stagnate Around $4,500 Mark Amid US-Iran Conflict and Inflation Concerns
Gold prices stuck near $4,500 despite US-Iran tensions. Inflation data and Fed rate hike expectations now driving price action more than geopolitical risk. The post Gold Prices Stagnate Around $4,500 Mark Amid US-Iran Conflict and Inflation Concerns appeared first on Blockonomi.
Bitcoin Japan buys stake in Elon Musk’s SpaceX via secondary market
Bitcoin Japan's investment in SpaceX highlights a strategic shift towards digital assets and AI, signaling broader tech sector integration. The post Bitcoin Japan buys stake in Elon Musk’s SpaceX via secondary market appeared first on Crypto Briefing.
6,000 Investors Lost Everything On A 1,001x Solana Meme Coin — South Korea Just Made Its Move
South Korean prosecutors have indicted five individuals in the country’s first-ever criminal prosecution of a decentralized exchange rug pull — and the first case in which fraudulent trading charges under South Korea’s Virtual Asset User Protection Act have been applied, setting a landmark legal precedent for how the country’s crypto enforcement framework handles DEX-based market […]
Societe Generale warns US Treasury yields above 4.5% may hurt stocks
Rising US Treasury yields above 4.5% could trigger a shift from equities to bonds, challenging stock valuations and investor risk appetite. The post Societe Generale warns US Treasury yields above 4.5% may hurt stocks appeared first on Crypto Briefing.
Israel kills Hamas military chief Mohammed Odeh in Gaza strike
The targeted killings may destabilize ceasefire efforts, complicate mediation, and potentially strengthen Hamas's resolve and recruitment. The post Israel kills Hamas military chief Mohammed Odeh in Gaza strike appeared first on Crypto Briefing.
South Korea probe finds Iranian-made missiles likely hit ship in Hormuz
The incident heightens geopolitical tensions, potentially impacting global oil markets and shipping security in the strategic Hormuz region. The post South Korea probe finds Iranian-made missiles likely hit ship in Hormuz appeared first on Crypto Briefing.
XRP Ledger Makes Comeback Above Key 1 Million Threshold
XRP Ledger stays above the bullish threshold in the metric count, with a potential of going even further.
Ethereum must clear $2,500 resistance to confirm recovery: analyst
Ethereum price has remained under pressure near the $2,100 zone after failing to reclaim a key long-term resistance level, while analysts warned that the asset still risks another major leg lower unless bulls recover momentum above $2,500. According to data…
Bitcoin Japan Corporation invests in SpaceX ahead of planned IPO
Tokyo-listed Bitcoin Japan Corporation has invested in SpaceX through a U.S.-based private secondary market transaction tied to digital infrastructure and AI expansion. According to a press release shared with crypto.news, Bitcoin Japan made the investment through BTCJPN US LLC, its…
Mystery Bitcoin Burn: 11-Year Dormant Wallets Torch $8.3M in BTC
The burned Bitcoin would have been worth nearly $13.4 million when the OG crypto was at its $126,000 peak in October last year.
Polymarket, Kalshi Hit New Roadblock In Spain: Regulator Opens Probe Over Law Breaches
Polymarket and Kalshi have been hit with mounting regulatory scrutiny, and Spain is now the latest jurisdiction to step in. After challenges ranging from security concerns to government investigations, Spanish regulators have begun a formal process against both prediction market operators and ordered their sites blocked nationwide. Sanctions Against Polymarket And Kalshi Spain’s Directorate General […]
Spot HYPE ETFs Log Strongest Crypto Debut on Record as Whale Pulls $30.93M off Coinbase Prime
Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in their first 10 trading days, while a single wallet simultaneously withdrew $30.93 million in HYPE from Coinbase Prime. HYPE ETFs Outperform Every Prior Altcoin Debut […]
European Union debates limits on Big Tech access to cloud tenders
The EU's move towards digital sovereignty could inspire global shifts in tech procurement, impacting innovation and market dynamics. The post European Union debates limits on Big Tech access to cloud tenders appeared first on Crypto Briefing.
Supreme People’s Court of China to refine rules on AI content and data ownership
China's legal framework for AI content and data ownership could enhance IP protection, boosting investment and innovation in tech sectors. The post Supreme People’s Court of China to refine rules on AI content and data ownership appeared first on Crypto Briefing.
SK Hynix surpasses $1T market value amid AI chip boom
SK Hynix's market surge highlights AI's transformative impact on tech investment, underscoring the strategic importance of memory innovation. The post SK Hynix surpasses $1T market value amid AI chip boom appeared first on Crypto Briefing.
Binance co-CEO Yi He named in Fortune’s Most Powerful Women list
Yi He's recognition underscores the growing influence of women in crypto, potentially inspiring more diverse leadership in the tech industry. The post Binance co-CEO Yi He named in Fortune’s Most Powerful Women list appeared first on Crypto Briefing.
European Union debates limits on Big Tech access to cloud tenders
The EU's move towards digital sovereignty could inspire global shifts in tech procurement, impacting innovation and market dynamics. The post European Union debates limits on Big Tech access to cloud tenders appeared first on Crypto Briefing.
Zscaler (ZS) Shares Plunge 21% as Weakened Cash Flow and FY27 Outlook Spook Investors
Zscaler (ZS) stock plummeted 21% after cutting FCF guidance to 22.8-23.3% and projecting slower 16-17% FY27 growth despite beating Q3 estimates. The post Zscaler (ZS) Shares Plunge 21% as Weakened Cash Flow and FY27 Outlook Spook Investors appeared first on Blockonomi.
XRPL Foundation proposes AMM upgrade for StableSwap and DeFi
XRPL Foundation proposes AMM curve upgrade with StableSwap and concentrated liquidity to improve XRP Ledger DeFi, stablecoin and RWA markets.
Israel intensifies military actions as US-Iran tensions rise in Strait of Hormuz
Rising tensions could destabilize the Middle East, impacting global oil markets and increasing the risk of broader military conflicts. The post Israel intensifies military actions as US-Iran tensions rise in Strait of Hormuz appeared first on Crypto Briefing.
Crude Markets Tumble Over 3% Amid U.S.-Iran Diplomatic Efforts and Military Tensions
Oil prices fell over 3% Wednesday as U.S.-Iran negotiations continue despite military exchanges. Strait of Hormuz deal could restore 20% of global supply. The post Crude Markets Tumble Over 3% Amid U.S.-Iran Diplomatic Efforts and Military Tensions appeared first on Blockonomi.
Israel kills Hamas armed wing chief Mohammad Odeh in Gaza strike, raising fresh geopolitical risk for markets
Israel's rapid targeting of Hamas leaders highlights its strategic focus on dismantling the group's military leadership amid ongoing tensions. The post Israel kills Hamas armed wing chief Mohammad Odeh in Gaza strike, raising fresh geopolitical risk for markets appeared first on Crypto Briefing.
XRPL Foundation Unveils Advanced AMM Enhancement Featuring StableSwap Integration
XRPL Foundation unveils AMM upgrade with StableSwap and concentrated liquidity features to enhance trading depth, minimize slippage, and boost DeFi capabilities. The post XRPL Foundation Unveils Advanced AMM Enhancement Featuring StableSwap Integration appeared first on Blockonomi.
Spot HYPE ETFs Absorb 1.04% of Market Cap in First 10 Trading Days
TLDR: Spot HYPE ETFs absorbed 1.04% of market cap in 10 days, surpassing BTC at 0.59%, ETH at 0.41%, and SOL at 0.31%. Hyperliquid TVL grew from $4.28B to $5.16B in May, with DEX volume rising from $108M to $146M in the same window. Hyperliquid controls 55% of all decentralized perps TVL and processed $190B [...] The post Spot HYPE ETFs Absorb 1.04% of Market Cap in First 10 Trading Days appeared first on Blockonomi.
Sharplink and Forward Enter Russell Indexes With $2.3B in Crypto Holdings
Sharplink and Forward Industries are set to enter the Russell 2000 and Russell 3000 indexes on June 29. The additions could raise institutional visibility for two public companies built around large ethereum and solana treasury strategies. Crypto Treasury Firms Go Mainstream With Russell Index Inclusion Sharplink Gaming is set to join the Russell 2000 and […]
Israel kills Hamas armed wing chief Mohammad Odeh in Gaza strike
Israel's rapid targeting of Hamas leaders highlights its strategic focus on dismantling the group's military leadership amid ongoing tensions. The post Israel kills Hamas armed wing chief Mohammad Odeh in Gaza strike appeared first on Crypto Briefing.
Iran Restores Internet Access After 88-Day Blackout
Iran has partially restored access to the global internet following an almost 88-day complete shutdown. The situation was described as the longest nationwide blackout. According to The Guardian, traffic in the country remains below 10% of normal levels.
OpenZeppelin Attributes DeFi Vulnerability to AI Advancements
Manuel Aráoz, co-founder of the cybersecurity firm OpenZeppelin, has deemed "the entire DeFi sector" unsafe. According to him, the rapid development of AI agents has created a critical asymmetry between defenders and attackers. PSA: I now consider *all* of DeFi unsafe.Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric: defenders need to fix every bug while attackers need just one exploit to steal funds.— Manuel Aráoz (@maraoz) May 26, 2026 Aráoz mentioned that he personally advised friends and family to close all positions in DeFi protocols. This warning applies even to well-established platforms like Aave, MakerDAO, and Compound. The expert explained his stance by noting that modern neural networks already surpass humans in finding code vulnerabilities. In such a scenario, smart contract security becomes a losing battle: developers must fix every single bug, while a malicious actor using AI needs only to find one. The statement comes amid growing concerns about the use of artificial intelligence in Web3. In March, OpenZeppelin introduced OpenZeppelin Skills, a tool for training AI agents to work safely with smart contracts. At the time, the company warned of the risks of incorrect toolchain configuration and errors complicating code auditing and verification. Increasing risks have also impacted market metrics. The total value locked in the DeFi sector has decreased by 14% since mid-April, from $172 billion to $148 billion. Earlier in May, Anthropic published the first report on Project Glasswing, a program for finding vulnerabilities using the Claude Mythos model.
Goldman Sachs Boosts S&P 500 Forecast to 8,000 Amid Robust Earnings Expectations
Goldman Sachs raises S&P 500 target to 8,000, up from 7,600, citing strong earnings growth and AI-driven momentum expected to fuel markets through 2026. The post Goldman Sachs Boosts S&P 500 Forecast to 8,000 Amid Robust Earnings Expectations appeared first on Blockonomi.
Tesla (TSLA) Stock Gains Momentum as European Market Shows Strong Recovery
Tesla (TSLA) stock rises on strong European sales data, with April registrations up 46.5% and a $250M investment in its German manufacturing facility. The post Tesla (TSLA) Stock Gains Momentum as European Market Shows Strong Recovery appeared first on Blockonomi.
India’s SEBI to test tokenized corporate bond settlements in DLT pilot
India’s market regulator has moved ahead with a pilot project for tokenized corporate bonds, testing whether distributed ledger technology can improve liquidity and settlement efficiency in the country’s debt markets. Speaking on the sidelines of the CareEdge Debt Market Summit…
Evernorth says XRP Ledger can modernize outdated banking rails
Evernorth says legacy banking rails lag modern tech as its XRP treasury strategy, Nasdaq plan and XRPL use keep institutions focused in 2026
Microsoft Warns of Sneaky Crypto Miner Threat Targeting High-End PC Users
Microsoft Threat Intelligence has uncovered a highly sophisticated cryptojacking campaign that specifically targets PC gamers and hardware enthusiasts.
Bitwise Hyperliquid ETF Becomes Largest in World, CEO Confirms
Bitwise CEO Hunter Horsley confirms a record $19 million inflow into its Hyperliquid ETF, capturing market leadership.
South Korea Prosecutes First-Ever DEX Rug Pull Scheme Involving CATFI Meme Token
South Korea prosecutes its first DEX rug pull case, charging CATFI meme coin operators with fraud, wash trading, and causing 900 million won in losses. The post South Korea Prosecutes First-Ever DEX Rug Pull Scheme Involving CATFI Meme Token appeared first on Blockonomi.
“Bots Manage Bots”: a16z Co-Founder Declares Arrival of AGI
Artificial intelligence has already crossed the threshold into AGI. This was stated by Andreessen Horowitz (a16z) co-founder Marc Andreessen in a three-hour episode of The Joe Rogan Experience. According to the investor, the turning point occurred "about three months ago" following the release of the latest generations of models from OpenAI, Anthropic, Google, and xAI — GPT-5.5, Claude 4.6, Gemini 3, and Grok 4.3. The investor did not reference industry consensus or the scientific definition of AGI. In the podcast, it was presented as his personal assessment of the situation. Andreessen claims that modern models "in 99% of cases" provide better answers than almost any available expert. He describes the new versions of LLM as a "qualitative leap" and a constant cognitive enhancer — a tool for writing texts, constructing arguments, analyzing complex topics, and finding solutions. His method of working with AI involves a multi-step simplification of the answer: first "explain like I'm ten," then "like I'm five," and finally "like I'm two." Medicine The a16z co-founder shared that during an illness, he used chatbots and called such systems "the best doctor in the history of the world" due to their round-the-clock availability and ability to guide a patient step-by-step. He also stated that doctors are already widely using ChatGPT. "Everyone" asks the LLM, "what's going on with this person" after seeing a patient. Some input data during the consultation. Previously, the American Medical Association reported that 81% of doctors in the US use AI in their professional activities. The organization emphasized that such systems should remain an auxiliary tool and be used with transparency and safety requirements. Andreessen also described multimodal medical scenarios: a user uploads blood test results, after which the neural network "tells you what's wrong." He cited an acquaintance who assembled a personal AI health panel "in the spirit of Star Trek." The investor also mentioned the drop in the cost of full genome sequencing to about $200. Programming and AI Agents According to Andreessen, the current "cutting-edge level of development" in Silicon Valley involves working with about 20 AI bots simultaneously. They perform tasks in parallel 24/7, while a person checks the results "every 10 minutes" and provides feedback. The next stage is agent hierarchies. Each bot will have its own "sub-bots," and above them, bot managers. In a year, Andreessen predicts, a model with "10–20 virtual assistants, each with another 10–20 similar helpers," will become routine. Later, this will evolve into multi-level structures where "bots manage bots that manage other bots." In such a configuration, one developer will be able to oversee up to 1,000 agents and become "1,000 times more productive." Science Andreessen stated that AI is progressing particularly rapidly in areas with "provably correct answers" — mathematics, physics, chemistry, biology, and programming. According to him, systems are already solving problems that humans could not. Next comes the creation of new drugs, cancer treatment, acceleration of space research, and the discovery of "new physics." Back in May, an AI model from OpenAI disproved an 80-year-old hypothesis by Paul Erdős on unit distances.
Intuitive Machines (LUNR) Stock Hits 52-Week High on Space Force Win and SpaceX Momentum
Intuitive Machines (LUNR) stock jumped 14% to a 52-week high following a Cantor upgrade, Space Force contract win, and SpaceX IPO-driven sector momentum. The post Intuitive Machines (LUNR) Stock Hits 52-Week High on Space Force Win and SpaceX Momentum appeared first on Blockonomi.
D-Wave Quantum (QBTS) Shares Slip 5% as Classical Computing Study Questions Quantum Advantage
D-Wave Quantum (QBTS) stock dropped 5.37% after researchers claimed classical computing could match its quantum performance. D-Wave disputes the findings. The post D-Wave Quantum (QBTS) Shares Slip 5% as Classical Computing Study Questions Quantum Advantage appeared first on Blockonomi.
Hong Kong surpasses Switzerland as world’s top cross-border wealth hub
Hong Kong's rise as a wealth hub signals a shift in global financial power dynamics, potentially increasing demand for digital assets and influencing regional economic policies. The post Hong Kong surpasses Switzerland as world’s top cross-border wealth hub appeared first on Crypto Briefing.
Hong Kong watchdog raids CCB International, China Securities International amid IPO probe
The raids highlight regulatory vigilance, potentially shaking investor confidence in Hong Kong's IPO market and impacting future listings. The post Hong Kong watchdog raids CCB International, China Securities International amid IPO probe appeared first on Crypto Briefing.
Newcleo plans public listing through $2.4B SPAC merger
Newcleo's potential SPAC merger could accelerate the commercialization of sustainable nuclear technology, impacting energy markets and innovation. The post Newcleo plans public listing through $2.4B SPAC merger appeared first on Crypto Briefing.
Chainlink Exchange Outflows Hit 2025 Record as Whales Quietly Accumulate LINK
TLDR: Binance Top 10 LINK outflows surged to their highest levels of 2025, averaging over 3,600 LINK daily in May. Wallets holding at least 100,000 LINK reached a record 805 addresses, up 8% in under two months. LINK is currently trading roughly 66% below its previous all-time highs despite rising accumulation signals. Large outflows paired [...] The post Chainlink Exchange Outflows Hit 2025 Record as Whales Quietly Accumulate LINK appeared first on Blockonomi.
Advanced Micro Devices (AMD) Stock Eyes $1 Trillion Market Cap After 308% Rally
AMD stock has rallied 308% in 12 months and now holds an $805B market cap. Discover what's needed to reach the $1 trillion milestone and analyst forecasts. The post Advanced Micro Devices (AMD) Stock Eyes $1 Trillion Market Cap After 308% Rally appeared first on Blockonomi.
Hong Kong watchdog raids CCB International, China Securities International amid IPO probe
The raids highlight regulatory vigilance, potentially shaking investor confidence in Hong Kong's IPO market and impacting future listings. The post Hong Kong watchdog raids CCB International, China Securities International amid IPO probe appeared first on Crypto Briefing.
Polymarket faces scrutiny over insider trading amid US Army charges
The case highlights regulatory gaps in prediction markets, prompting a broader industry and legislative reevaluation of oversight mechanisms. The post Polymarket faces scrutiny over insider trading amid US Army charges appeared first on Crypto Briefing.
Lorie Logan warns US oil production won’t fill global supply gap
US oil production's hesitance to fill the global supply gap may prolong high energy prices, complicating inflation control and monetary policy. The post Lorie Logan warns US oil production won’t fill global supply gap appeared first on Crypto Briefing.
CXMT receives Shanghai bourse approval for IPO on Star Market
CXMT's IPO approval highlights China's push for semiconductor self-sufficiency, potentially reshaping global tech supply chains and competition. The post CXMT receives Shanghai bourse approval for IPO on Star Market appeared first on Crypto Briefing.
RAIN Climbs 44% After Rain Foundation Builds $100M Liquidity Base for Traders
The native token of the Rain prediction markets protocol (RAIN) surged 44% to an all-time high of $0.01195, pushing its market capitalization to $7.2 billion and placing it in the top 20 digital assets. Rain Token Hits All-Time High The native token of the prediction markets protocol Rain jumped 44% to reach an all-time high […]
CXMT receives Shanghai bourse approval for $4.2 billion IPO on Star Market
CXMT's IPO approval highlights China's push for semiconductor self-sufficiency, potentially reshaping global tech supply chains and competition. The post CXMT receives Shanghai bourse approval for $4.2 billion IPO on Star Market appeared first on Crypto Briefing.
Apple (AAPL) Stock Surges Toward Historic $5 Trillion Valuation
Apple (AAPL) stock reached a record $311.82, pushing market cap to $4.54T. Analysts raise price targets to $380 ahead of June WWDC AI announcements. The post Apple (AAPL) Stock Surges Toward Historic $5 Trillion Valuation appeared first on Blockonomi.
SanDisk (SNDK) Stock Soars as Barclays Issues $2,300 Price Target
Barclays upgrades SanDisk (SNDK) to Overweight with $2,300 target, citing $42B in contracted revenue. Stock jumps 7.5% on the bullish call. The post SanDisk (SNDK) Stock Soars as Barclays Issues $2,300 Price Target appeared first on Blockonomi.
Bitcoin Institutional Behavior Reverses As Demand Metric Turns Red
The founder of Capriole Investments has highlighted how institutions have reversed course on Bitcoin recently, taking to selling once more. Bitcoin Has Seen Institutional Demand Turn Red Recently In a new post on X, Capriole Investments founder Charles Edwards has discussed the latest trend in the institutional demand for Bitcoin. The indicator cited by Edwards […]
Nvidia (NVDA) Stock Gets Bullish Price Target Boosts from Stifel and Mizuho Following Strong Q1
Nvidia (NVDA) stock gets price target boosts from Stifel ($282) and Mizuho ($300) after crushing Q1 estimates with $81.6B revenue and announcing $80B buyback. The post Nvidia (NVDA) Stock Gets Bullish Price Target Boosts from Stifel and Mizuho Following Strong Q1 appeared first on Blockonomi.
Samsung’s $370K Worker Bonuses Trigger Alarm Across South Korean Corporate Landscape
Samsung's historic profit-sharing deal awards chip workers up to $370K annually, sparking union demands across South Korean industries as labor power grows. The post Samsung’s $370K Worker Bonuses Trigger Alarm Across South Korean Corporate Landscape appeared first on Blockonomi.
THORChain approves ADR028 as RUNE holders await network restart
THORChain prepares restart after a $10.7M exploit, with ADR028 approved, a hacker bounty active, and v3.19.0 testing before mainnet release.
Bitcoin spot ETFs shed $334M in single day as Ethereum ETFs bleed $35M
The significant outflows from Bitcoin and Ethereum ETFs highlight shifting investor sentiment and potential volatility in the crypto market. The post Bitcoin spot ETFs shed $334M in single day as Ethereum ETFs bleed $35M appeared first on Crypto Briefing.
Dormant Bitcoin whale burns over $8M in BTC as price touches $75K
A dormant Bitcoin whale has burned more than $8 million worth of BTC after moving funds that had reportedly remained inactive for over a decade. According to Lookonchain, five wallets transferred a combined 107 Bitcoin worth roughly $8.3 million to…
IBM Enhances AI Model with Quantum Processor
Researchers at Multiverse Computing announced a quantum enhancement of a large language model using IBM hardware. The project involves a hybrid scheme utilizing a 156-qubit Heron processor. The authors described the experiment as the first "end-to-end quantum enhancement" of a LLM on a superconducting processor for autoregressive text generation. The tests employed Meta's Llama 3.1 8B. The base model was not further trained; its parameters were "frozen" and quantum adapters—Cayley-parameterized unitary adapters (CUA)—were added. Initially, these were trained classically, then integrated into a hybrid quantum-classical scheme. The experiment was conducted on the IBM Quantum System Two, an architecture for hybrid quantum systems, utilizing the 156-qubit Heron chip. The hybrid version reduced the perplexity of Llama 3.1 8B by 1.4%. This was achieved by adding about 6,000 parameters—approximately 0.000075% of the model's size. During the demonstration, the quantum-enhanced Llama correctly answered questions on astronomy and biology that the base version could not, such as whether all giant planets have rings. According to lead author Borja Aizpurua, the work serves as a proof of concept. The quantum blocks enabled more accurate prediction of the next token in text with minimal computational cost. The team aims to further reduce perplexity and increase accuracy with fewer parameters compared to fully classical approaches. Back in May, quantum company stocks rose following the announcement by the U.S. Department of Commerce of a $2 billion allocation to American firms under the CHIPS R&D; program.
SharpLink and Forward Industries Join Russell Indices
SharpLink Gaming, which manages an Ethereum treasury, will be included in the Russell 3000 and Russell 2000 indices. Forward Industries, a firm with Solana reserves, will also be added to the updated stock list. Previously, BitMine Immersion Technologies was included in the stock index.
IREN Limited (IREN) Stock Climbs on $1.6B Dell Partnership for AI Infrastructure Expansion
IREN stock jumps as $1.6B Dell partnership for Blackwell systems reinforces its $3.4B AI cloud infrastructure deal, boosting ARR outlook to $4.4B. The post IREN Limited (IREN) Stock Climbs on $1.6B Dell Partnership for AI Infrastructure Expansion appeared first on Blockonomi.
Micron (MU) Stock Could Soar 85% as UBS Sets Bold $1,625 Price Target
Micron (MU) stock jumped 19% after UBS set a $1,625 target. Analysts cite AI memory demand and supply agreements for potential 85% upside ahead. The post Micron (MU) Stock Could Soar 85% as UBS Sets Bold $1,625 Price Target appeared first on Blockonomi.
Bitcoin spot ETFs bleed $334M as Ethereum funds shed $35M in continued outflow streak
The significant outflows from Bitcoin and Ethereum ETFs highlight shifting investor sentiment and potential volatility in the crypto market. The post Bitcoin spot ETFs bleed $334M as Ethereum funds shed $35M in continued outflow streak appeared first on Crypto Briefing.
Goldman Sachs raises S&P 500 target to 8,000, sees 17% return for 2026
Goldman's bullish S&P 500 forecast may drive increased investment, but hinges on sustained earnings growth amid potential economic challenges. The post Goldman Sachs raises S&P 500 target to 8,000, sees 17% return for 2026 appeared first on Crypto Briefing.
David Hoffman Reveals Reason Behind Selling Ethereum (ETH)
Ethereum just lost one of its biggest supporters.
Rubio Delivers Ultimatum: Strait of Hormuz ‘Will Reopen One Way or Another’
Secretary Rubio warns Strait of Hormuz will reopen as U.S.-Iran talks continue. Analysts predict extended recovery despite administration's optimistic outlook. The post Rubio Delivers Ultimatum: Strait of Hormuz ‘Will Reopen One Way or Another’ appeared first on Blockonomi.
China’s top judiciary studies new rules for virtual currency cases
China’s top court officials have signaled fresh scrutiny of cryptocurrency-related disputes after authorities said they would study judicial rules for cases involving virtual currencies and cross-border finance. According to comments made during a Wednesday press conference in Beijing, Liu Guixiang,…
South Korea crypto trading crashes to one-tenth of stock market volume
South Korea crypto trading falls to 8% of KOSPI volume as stocks rise, exchange activity slows and Bitcoin trades at a local discount.
Trump Appoints Former Attorney General Pam Bondi to White House AI Advisory Panel
U.S. President Donald Trump has appointed former Attorney General Pam Bondi to the Presidential Council of Advisors on Science and Technology (PCAST), a high-level artificial intelligence (AI) advisory body co-chaired by crypto advocate and former White House AI and crypto czar David Sacks. Bondi Joins a Panel Stacked With Tech Heavyweights Bondi is set to […]
European Central Bank urges banks to boost cyber security investments as AI threats accelerate
The ECB's call for enhanced cybersecurity investments highlights the urgent need for banks to adapt to evolving AI-driven cyber threats. The post European Central Bank urges banks to boost cyber security investments as AI threats accelerate appeared first on Crypto Briefing.
European Central Bank urges banks to boost cyber security investments as AI threats escalate
The ECB's call for enhanced cybersecurity investments highlights the urgent need for banks to adapt to evolving AI-driven cyber threats. The post European Central Bank urges banks to boost cyber security investments as AI threats escalate appeared first on Crypto Briefing.
BP (BP) Shares Plunge Following Chairman’s Sudden Dismissal Over Misconduct Allegations
BP stock plunged nearly 10% after the board fired Chairman Albert Manifold over conduct concerns stemming from a whistleblower report. The post BP (BP) Shares Plunge Following Chairman’s Sudden Dismissal Over Misconduct Allegations appeared first on Blockonomi.
SK Hynix Reaches $1 Trillion Valuation on 12% Surge Driven by AI Memory Chip Boom
SK Hynix stock surged 12% to an all-time high, pushing market capitalization beyond $1 trillion as AI-driven HBM chip demand tightens industry supply. The post SK Hynix Reaches $1 Trillion Valuation on 12% Surge Driven by AI Memory Chip Boom appeared first on Blockonomi.
Applied Materials (AMAT) Stock Climbs on SCREEN SPE EPIC Center Partnership for Chip Innovation
Applied Materials (AMAT) stock gains as SCREEN SPE partnership strengthens EPIC Center's advanced chip R&D and wafer cleaning innovation capabilities. The post Applied Materials (AMAT) Stock Climbs on SCREEN SPE EPIC Center Partnership for Chip Innovation appeared first on Blockonomi.
European Central Bank warns of financial stability risks from Middle East conflict
The Middle East conflict exacerbates inflation and financial instability, complicating ECB's monetary policy and impacting global markets. The post European Central Bank warns of financial stability risks from Middle East conflict appeared first on Crypto Briefing.
European Central Bank warns Trump’s Iran conflict risks triggering financial crisis
The ECB's warning highlights the potential for geopolitical tensions to destabilize global markets, impacting economic stability and policy decisions. The post European Central Bank warns Trump’s Iran conflict risks triggering financial crisis appeared first on Crypto Briefing.
MillTech survey shows US and UK firms ramping up currency hedges amid Iran war volatility
Increased currency hedging by firms highlights a shift towards risk aversion, impacting profit margins and underscoring crypto's limited adoption. The post MillTech survey shows US and UK firms ramping up currency hedges amid Iran war volatility appeared first on Crypto Briefing.
Taiwan investigates Nvidia chip smuggling to China via Japan in first public crackdown
Taiwan's crackdown on chip smuggling highlights vulnerabilities in global supply chains, prompting stricter oversight and regulatory scrutiny. The post Taiwan investigates Nvidia chip smuggling to China via Japan in first public crackdown appeared first on Crypto Briefing.
European Central Bank warns of imminent market correction risks
A market correction could trigger widespread financial instability, affecting equities, non-bank entities, and crypto, tightening global liquidity. The post European Central Bank warns of imminent market correction risks appeared first on Crypto Briefing.